Theater District Office Space

1441 Broadway Unit Partial 6th FL (Floor 6)
Theater District, New York City, NY
NYC Office Space Trailblazers Jay Suites is a pioneer of the office space rental market in NYC, providing fully-furnished, luxury office rentals with shared amenities in New York City. The moment you step off the elevator you will recognize the high-end quality of Jay Suites and what separates us from other NYC shared office spaces. Each Manhattan office space comes complete with amenities including grand reception areas, state of the art conference rooms, lounges, hotspots and a professional staff. Members enjoy flexible terms and a simple all-inclusive plan accommodating the needs of businesses across the spectrum, from entrepreneurs to financial managers and lawyers. Jay Suites originated in a commercial real estate market saturated with high overhead costs, long-term leases and little understanding for the budget driven entrepreneur. We weren't afraid to break the mold and create a space where offices work better, with our mission focused on always providing the best professional support with the best office rental at the best rate. We sought to create an affordable, all-inclusive shared office space with modern decor, cutting-edge technology as well as security and accessibility at its core. Manhattan Office Space Complete with Amenities First impressions can make or break a potential business relationship. We had this in mind when designing our NYC office rentals. Each of our locations feature high ceilings, Venetian plaster walls, and exceptional lighting. Our office suites come fully-furnished and feature VoIP phones with unlimited Wi-Fi access, lockable, frosted glass sliding doors, and executive-caliber desks. Maintenance, utilities, and cleaning services are included in each shared office space plan. Our sophisticated NYC conference rooms are always ready to impress and available at affordable rates. In fact, as a benefit to renting a Manhattan office space from Jay Suites, a conference room allowance is available to you so you can reserve the meeting rooms on-demand hourly or for the entire day at your convenience. Our designated mobile hotspots and chic member lounges are a great space for working on the go or having a brief meeting with a client. As a Jay Suites member, you will have full access to all of our amenities. The pantries are perfect for taking a break from the daily hustle where you can stay up-to- date with round the clock news coverage broadcasted on HD Samsung TVs. Every Jay Suites location has a break room fully equipped with a stainless steel refrigerator and microwave, convenient for bringing lunch from home. The snacks and Starbucks Coffee vending machines come in handy whenever you need a quick pick me up. We also have soda, sodastream filtered and carbonated water machines available.

Theater District

Office Space Market Report

Number of Listings (last 90 days)
135
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
4,000
As of: December 10, 2016

Theater District Rates

Most listings are in the $60's per square foot per year. The Theater District submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the New York City market, the Theater District region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Theater District Listing Supply

In the last 90 days, 135 listings have been listed, so you'll want to check back regularly for new listings. About 22% of the office spaces in the Theater District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 23 stories. Most buildings in this area were built in 1930 and are Class A.

Theater District Community

Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Theater District work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Theater District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Theater District.
Research